robinjoe

Aid for Automakers? Why TARP Has No Teeth

There are two problems with your approaches. First the US government is not qualified to run a successful business. The second is the US automakers are not qualified to run successful businesses. So either plan is doomed to failure. Bankruptcy and the renewal of entrepreneurial endeavors in US auto making are the only long term hope. I can agree that this might not be the best time to endure this pain due to the other crisis that are going on, but long term this is the only solution.